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Export Textile And Garment Enterprises: Pformation Can Get Rid Of Difficulties.

2008/8/8 16:03:00 86

In the past, China's export volume was too large, and there were also some disadvantages. For example, the export led areas were consuming domestic scarce resources, polluting their environment, and taking on their own cheap labor force. The export slowdown and cost increase of manufacturing products for the whole world had brought a fatal blow to China's export enterprises.

According to statistics released by the General Administration of Customs in July 10th, the export volume of Chinese enterprises increased by 21.9% in the first half of this year, and the growth rate slowed down by 5.7 percentage points.

The cumulative trade surplus was 11.8% lower than the same period last year and a net decrease of US $13 billion 210 million.

Experts estimate that the cost of Chinese exports has risen by 20% to 30% this year due to the rising prices of raw materials and labor, the accelerated pace of RMB appreciation, and the pressure of credit crunch, energy saving and emission reduction, and the abolition of export rebates. The price advantage of traditional Chinese enterprises is no longer obvious.

In the Pearl River Delta, Yangtze River Delta and other export enterprises concentrated areas, many small and medium-sized enterprises have been operating difficulties, serious or even shut down, bankruptcy.

The most important concern of export enterprises still struggling to support is, "how long will the hard life last?"

Multiple pressures overwhelm export enterprises

According to Sun Xiuchun, Secretary General of China Association of small and medium enterprises, "in the second half of 2007, there were thousands of" three to one supplement "businesses in the Pearl River Delta region.

Since the beginning of this year, the cold wave has gradually blown to the Yangtze River Delta and surrounding Jiangsu and Zhejiang provinces. The average profit margin of many enterprises has dropped to below 5%.

For many small and medium-sized enterprises, what is imminent is not development, but survival.

Zhou Dewen, President of the Wenzhou SME Promotion Association, said, "Wenzhou has a total of more than 30 SMEs, and about 20% of the enterprises will be shut down or halt.

For example, the number of shoe enterprises in Wenzhou has dropped from 5000 in 2003 to 2600 this year.

Zhou Dewen said that since the RMB exchange rate reform, the renminbi has appreciated by more than 20%, and it has appreciated by 6.5% in the first half of this year. The profit of export processing enterprises is low.

Obviously, macroeconomic regulation and control, tightening the money supply, has led to difficulties in corporate loans, and there is a shortage of funds and long-term anemia.

"In Wenzhou, Zhejiang, where private credit is most active, the interest rate of private lending is as high as 10% above monthly interest rate.

This means that the annual return on investment of loans is even less than 100%, which is not enough to repay the principal and interest of loans.

The reason why this phenomenon can be explained is that the most basic funds needed to sustain the survival of SMEs are already exhausted. In order to continue the life of enterprises, business owners have to reluctantly borrow high interest loans.

Zhou Dewen said.

In addition, from 2006 to 2007, the export tax rebate rate has been adjusted to 6 times. The total number of products that have been cut down or cancelled is more than 3000, and the processing trade policy has been adjusted for 5 times, and more than 3300 categories of processing trade prohibition and restriction catalogue have been added.

These policies, from publication to implementation, have a shorter buffer period and are difficult for enterprises to adapt quickly.

It is fatal that the subprime mortgage crisis has not only damaged the US economy, but also damaged the US demand for Chinese goods, causing many export enterprises to lose their orders.

Exports have fallen and consumption has not yet started.

In the three carriages of investment, export and consumption, China's economic growth has always been dependent on exports and investment. A large number of export enterprises have been operating difficulties, which has led to a slowdown in China's economic growth.

For China's economy, it is very important to pform export and investment into an equilibrium and coordinated development of investment, exports and consumption.

However, if we want to reduce the speed of exports, the premise is that the speed of consumption must be raised so as to complement each other.

The present situation is that, while net exports are slowing down and economic growth slows down, residents' incomes are expected to decline and consumption expectations are falling due to higher inflation and lower investment returns.

Before consumption is fully launched, we must not let exports go too fast. Otherwise, it will also affect the growth of consumption.

If exports drop and consumption does not go up, then the economy will see a sharp deceleration.

Policy research experts of the national development and Reform Commission believe that with the discontinued production, shrinkage and bankruptcy of some export enterprises, the corresponding jobs have been or will not be protected, and the industrial chains of the coastal areas are also facing the threat of fracture. This will not only lead to more large-scale business failures, but also seriously affect the overall macroeconomic trend.

At present, some economic leading indicators related to manufacturing industry have strongly hinted that China has a trend of slowing economic growth.

According to the data released by the National Bureau of statistics, the cumulative loss of Industrial Enterprises above Designated Size reached 91 billion 700 million yuan in the first 56.1% months of 2008, an increase of 56.1% over the same period last year, an increase of nearly 50 percentage points over the same period last year.

Look at the ratio of heavy industry to the same month of the same month in the same month, according to the data released by the National Bureau of statistics, the proportion dropped 8% in the first quarter of this year. The decline in this proportion indicates the decline of economic growth.

Inevitable pains

China has adjusted its export strategy to "reduction and pformation", and it is an inevitable choice to reduce the export volume properly.

In the past, China's export volume was too large, and there were also some disadvantages, such as the export led area, which was already consumed in China. Script src=>